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Insurers welcome proposals for new EU system to avoid double taxation; call for refinements and clarifications

Insurance Europe has responded to a consultation conducted by the European Commission on withholding taxes and a new EU system to avoid double taxation.  Insurance Europe welcomes the initiative, as the current rules lead to lengthy, complex and costly withholding tax relief procedures. Insurance Europe takes the view that substance requirements should be harmonised, and that the […]

Tesla Leads in Driver-Assisted Technology Crashes: NHTSA

Tesla Inc. reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday. Automakers and tech companies reported more than 500 crashes since June 2021, when the National Highway Traffic Safety Administration (NHTSA) issued an order requiring the information. Two […]

Cyber insurance pricing rises amidst multiple factors – Marsh

The latest UK Cyber Insurance Trends Report from Marsh states that pricing in the sector rose quickly in Q3 and Q4 2021, while the market focuses on addressing systemic risk. However, Marsh said that efforts to tackle this through exclusionary language have caused frustration for clients, while the ongoing war that Russia began against Ukraine is creating […]

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